Dec, 31, 2023 — TEXAS COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in KINGSVILLE, TX with 1 branch location and about $23.65 million in total assets. Opened 87 years ago in 1937, TEXAS COMMUNITY FEDERAL CREDIT UNION has about 2,482 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEXAS COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 605 E Caesar Ave KINGSVILLE, TX 78363 |
| Phone: | (361) 595-5538 |
| Fax: | (361) 595-5530 |
| Website: | https://www.texasfcu.org |
| Branches: | 1 branch locations |
| Members: | 2,482 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1879 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $23,654,002 |
| CEO/Manager: | Imelda H Garza |
| Chairperson: | Jesus D Rios |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,024,110 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 3,178,434 |
| Other Loans | 15,329,258 |
| TOTAL LOANS | 18,507,692 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -259,953 |
| Land And Building | 648,542 |
| Other Fixed Assets | 157,761 |
| NCUSIF Deposit | 179,517 |
| All Other Assets | 0 |
| TOTAL ASSETS | 23,654,002 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 453,597 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,078,252 |
| Regular shares | 7,753,909 |
| All Other Shares & Deposits | 8,824,305 |
| TOTAL SHARES & DEPOSITS | 19,656,466 |
| TOTAL LIABILITIES | 20,110,063 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,543,939 |
| TOTAL EQUITY | 3,543,939 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 23,654,002 |
| INCOME & EXPENSE | |
| Loan Income | 1,698,049 |
| Investment Income | 100,603 |
| Other Income | 357,833 |
| Total Employee Compensation & Benefits | 555,919 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 852,471 |
| Non-operating Income & (Expense) | 25,632 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 262,853 |
| Cost of Funds | 282,736 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 297,152 |
| ↑ Back to Top | |